# PPP loan: RECOVERY LOGISTICS, INC
> **$355K** approved 04/07/2020 · Paid in Full · Loan `7550857009`
## Borrower
- **Name:** RECOVERY LOGISTICS, INC
- **Address:** 507 S 14th, FORT SMITH, AR, 72901-4607
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 18
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*